Financial and insurance activities (banking), value added in Kenya
Kenya: Financial and insurance activities (banking), value added was 2.96 billion current US$ in 2011. ◆ Volatile
Financial and insurance activities (banking), value added in Kenya, 1982–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
In 2011, financial and insurance activities (banking), value added in Kenya stood at 2.96 billion current US$. That is the highest value across all 30 years on record.
The figure is up 14.3% on the previous year and up 221.6% over ten years.
Over the whole period, financial and insurance activities (banking), value added in Kenya peaked at 2.96 billion current US$ in 2011 and was at its lowest, 373.25 million current US$, in 1984.
That places Kenya 4th out of 37 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 452.12 million current US$ | 373.25 million current US$ | 578.27 million current US$ | 8 |
| 1990s | 835.19 million current US$ | 482.12 million current US$ | 1.19 billion current US$ | 10 |
| 2000s | 1.40 billion current US$ | 797.78 million current US$ | 2.42 billion current US$ | 10 |
| 2010s | 2.77 billion current US$ | 2.59 billion current US$ | 2.96 billion current US$ | 2 |
Countries ranked near Kenya
More economy & growth data for Kenya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.28 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.26 Percent per annum (2029)
- Taxes less subsidies on products (current US$), annual growth rate 11.42 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0746 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 176.35 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 6.86 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 9.65 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 22,802 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0057 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 176.68 (2025)
Frequently asked questions
- What is financial and insurance activities (banking), value added in Kenya?
- Financial and insurance activities (banking), value added in Kenya was 2.96 billion current US$ in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest financial and insurance activities (banking), value added recorded in Kenya?
- The highest recorded value was 2.96 billion current US$ in 2011.
- What is the lowest financial and insurance activities (banking), value added recorded in Kenya?
- The lowest recorded value was 373.25 million current US$ in 1984.
- How does Kenya rank for financial and insurance activities (banking), value added?
- Kenya ranks 4th out of 37 countries with data for 2011.
- Is financial and insurance activities (banking), value added rising or falling in Kenya?
- Over the last ten years it is up 221.6%. The long-run trend across the full record is volatile.
- Where does this Kenya data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Financial and insurance activities (banking), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in banking is defined as the value of output of the banking industry less the value of intermediate consumption (intermediate inputs). Banking is a subset of services, comprising financial intermediation (ISIC 65-67). Data are in current U.S. dollars.